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Transcripts For CNBC Closing Bell 20240714

Barbara doran from b88 Capital Partners good to see you, barbara less than two weeks until the official u. S. China trade talks kick off and a new wrinkle as to what will actually happen when both parties meet. It is definitely a new wri wrinkle today. For me the bigger concern emerging is what happens to the consumer all of the consumer data this week was pretty terrific, except for Consumer Confidence numbers. Housing, et cetera, we continue to have strong wages, growth, that sort of thing but for the first time, were seeing Consumer Confidence down a little bit, consumers and surveys are saying, hey, trade issues have crept into their head and, you know, my real concern is the margins of companies, if they start to do layoffs, that hurts Consumer Confidence, and stops spending and that is the underpinning, which by all accounts, we all agree. By the way, the china has got markets spooked. Nasdaqs down 1. 6, the laggard of those indices. Bob is with us for the full first hour, which

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